Judgements by CA. A. Kumar
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Capital Gain - Sale of entire undertaking
CA. A. Kumar 07 July 2008 at 18:39
Case Fact: Whether in a sale of the entire undertaking (bakery) as a whole, if two separate documents with respect to movable and immovable (Land) assets are executed, the provision of section 50 of Income-tax Act, 1961, will be applicable?
Deduction from Income from other sources u/s 57(iii)
CA. A. Kumar 07 July 2008 at 18:39
Case Fact: Whether amount paid by the assessee to lawyer for seeking tax and legal implications of an project, for which he was retained by the company to conduct a study and render his opinion, deductible u/s 57(iii)?
Valuation of stock
CA. A. Kumar 07 July 2008 at 12:22
Case Fact: Whether A.O. was justified in invoking section 145 to value closing stock at cost or market price which ever is lower where assessee had adopted the policy of valuing its closing stock at market price only
Capital or Revenue Receipts
CA. A. Kumar 07 July 2008 at 12:22
Case Fact: Whether compulsory deduction made by sugar cooperative societies on account of non-refundable and refundable deposits and other funds are revenue receipts liable to be taxed under the Income Tax Act.
Input includes Damaged Goods
CA. A. Kumar 07 July 2008 at 12:22
Case Fact: Whether imported inputs damaged during transit can be considered as used for the manufacture of specified goods.
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